CryptoCurrents Sentiment & Narratives #11
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Sentiment
Tradersz | Bear 🔴
Tradermayne | from Bull to Bear 🔴
KeyboardMonkey | Bear 🔴
Ansem | Neutral/Bear 🔴
CryptoCred | Bull 🟢
Updates
Tradersz
No words given. Looks mildly bearish on both $BTC $ETH
https://twitter.com/trader1sz/status/1664277978388525056?s=20
https://twitter.com/trader1sz/status/1664244760805031940?s=20
Previous: Still bearish. ETH is only bullish above ~2200. Otherwise ranges btw 1790 - 2020.
Tradermayne
BTC to 25.8k
https://twitter.com/Tradermayne/status/1664104984793993222?s=20
Telegram Group | Youtube Streams
Previous: $BTC will trade below 25.5k before June
KeyboardMonkey
Flexing a 30x leverage short on $BTC and 20x on $ETH. He said he didn’t close.
Previous: short, sportsbets
Ansem
We range, NASDAQ about to top
https://twitter.com/blknoiz06/status/1663910319108890627?s=20
https://twitter.com/blknoiz06/status/1664074167791108097?s=20
Previous: Bullish. BTC weekly closed above 27.6, looking for 33k
CryptoCred
Reclaimed the BTC range, ETH possible retest of 2k
https://www.tradingview.com/x/4PEfpeMa/
https://www.tradingview.com/x/Qb7tgGW4/
https://technicalroundup.com/media/site/3885238938-1685470025/tr-2023-may-5.pdf
Previous: No update
Previous Status (unchanged)
DeFi Surfer
Previous: Lite bear poast.
Fooo
Previous: Is this the return of the bull?
DonAlt
no update
Previous: “Time to bid and pray” (based on close above BTC 27.2k)
Narrative
Updates
Degen Spartan
Bearish DeFi
https://twitter.com/DegenSpartan/status/1663944448915406853?s=20
Previous: Hot take. Bullish on crypto price because more newbies aping into shitcoins = more exit liquidity.
Previous Status (unchanged)
Byzantine General
Previous: LDO technicals looking good
Hsaka
Previous: “Fairly certain there’s on desk running the entire book on the AI coins right now.”
TreeofAlpha
Previous Status: Bullish. Shitting on meme coiners dumping while Tether accumulates BTC.
Arthur
Previous Status: Calling for BTC rally in latest essay.
Light
Previous Status: Potentially bullish based on bank failures.
Key Metrics
@francescoweb3 gave some inspiration to look at some actionable metrics:
Fear & Greed 🟡
0 = Buy Indicator | 100 = Sell Indicator
CBBI 🟡
Puell Multiple 🟡
Net Unrealized Profit/Loss (NUPL) 🟡
Top Alt Flows
Data courtesy of ChainEDGE
Note: notable is considered a $10k+ change in either direction in 1 day (stable coins and majors excluded).
Ethereum
Notable Inflows
Someone bought 100k of this 0xa88a7820c43992b6f3804ed875cd0da8911c683e
Notable Outflows
out of tether into USDC
BSC
Notable inflows
-
Notable outflows
-
Arbitrum
Notable inflows
GHA GMD
Notable outflows
Umami
Optimism
Notable Inflows
-
Notable Outflows
-
Polygon
Notable inflows
-
Notable outflows
-
Avalanche
Notable inflows
-
Notable outflows
-
Fantom
Notable inflows
-
Notable outflows
-
Fees
CVX ranked 7 in the last 30 days for revenue, topping bigs like GMX, BSC, and Synthetix
.
Data courtesy of DeFiLlama
Previous: LVL continues to have good days, averaging around $150k revenue daily. Token price surging off local lows following recent hack
Project Spotlight
Parallax!
https://twitter.com/lou_markets/status/1663263656866631680?s=20
Hasta luego, vaquero del espacio.
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